6220 N 24th StBroken ArrowOK74014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Broken Arrow at 6220 N 24th St, Broken Arrow, OK, 74014 listed at $534,900 pairs $2,017/mo rent with a $2,618/mo payment. Total monthly income runs $2,017/mo. Return on cash invested measures 10.21% in year one, and rental yield registers 4.52% at a $534,900 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,783 by year five. Five-year ROI tracks 51.19% and total cumulative return in cash totals $90,081. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,017/mo property income relative to a $2,618/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
9,931 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74014, Broken Arrow, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,265 (100%) |
| Owner Occupied HU | 14,014 (81.2%) |
| Renter Occupied HU | 2,626 (15.2%) |
| Vacant Housing Units | 625 ( 3.6%) |
| Median Home Value | $265,301 |
| Average Home Value | $296,786 |
Housing Distribution
Address Breakdown
Residential
17,452
Single Family
17,452
Multi-Family
0
Businesses
596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Trinidad • Executive Homes Realty, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2428668
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.